Portland, Ore. — Holliday Fenoglio Fowler LP (HFF) has arranged a $177 million loan for Lloyd Center Mall, a 1.27 million-square-foot regional shopping center with office space in Portland’s Lloyd District.
Finance
HFF Arranges $200 Million for Acquisition and Pre-Development for 151 East 60th Street in Manhattan
by Katie Sloan
New York City — Holliday Fenoglio Fowler LP (HFF) has secured $200 million in financing for the acquisition and pre-development of a 19,684-square-foot development site at 151 East 60th St., which is located at Lexington Avenue across from Bloomingdale’s in Manhattan.
NorthMarq Capital Arranges $22.5M in Acquisition Bridge Financing for Los Angeles Shopping Center
by Katie Sloan
Los Angeles — NorthMarq Capital has arranged $22.5 million in acquisition bridge financing for a 60 percent occupied, 100,000-square-foot infill retail center located in Los Angeles. The non-recourse transaction arranged by Joe Giordani of NorthMarq’s Newport Beach office had an 80 percent loan-to-cost ratio and was structured with a two-year interest only term. Tenants at the center include 99 Cents, AutoZone and Starbucks Coffee.